Tag: India:BigMints ferrous scrap index declines by INR 200/t amid modest trade inquiries 28 Oct

GST inspections ease, finished demand weak Scrap prices fall for four consecutive days BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, decreased by INR 200/tonne (t) d-o-d to INR 36,200/t DAP on 28 October 2024. In the Mandi market, due to slow demand, major steel mills are procuring scrap as per need. Additionally,…